They hold channels including HGTV, the Food Network and Oprah, which are doing very well these days. It trades at only 7x its annual free cash flow. They could buyback the whole company in seven years. This is worth double the current stock price. Close to recession proof. (Analysts’ price target is $25.07)
They run several tv channels and are merging with Warner Media. He thinks this will create a media powerhouse. Already throwing off lots of free cash flow. He thinks it will double in 3-5 years. Yield 0% (Analysts’ price target is $38.59)
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